Chapter 1
INTRODUCTION
Rationale of the Study In the academic world, the interest in corporate governance has been truly interdisciplinary, with much work being undertaken by researchers not only from economics and finance but also from law, management, and accounting (Bebchuk, Weisbach 2009). Due to a lot of scandals internationally and locally the governance of the corporation is important as the government of the countries. The researchers have studied about the real role and significance of the corporate governance in the banking sector. In fact, Kabigting (2011) said that The lack of corporate governance is one of the reasons cited for the global financial crisis of 2008. There are some studies that focused on the issues & prospects
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Shareholders. They own corporate shares of the entity, which means they are also the people who mange the organization behind. Our study will help them know if there company is well governed since their main concern is to earn higher return of their investments and also how efficient their corporation is when it comes to investments. Board of Directors. Our study will help them to know how effective and accurate in managing their business in consonance with the implementation of corporate governance to attain a very successful and well-maintained organization. Management. It will help them understand the principles of corporate governance that are more significant in relation to the managing of the entity and also it will help them do more specific and helpful activities to attain the goals and objectives of the corporation. University of Mindanao. Our study will help the University to improve its competitiveness and productivity in it’s industry to help bridge the gap between academic research and the highly emerging
Companies such as Apple have made a big impact on the world and our lives. Apple has affect our lives by changing the way we do things, for example, we started listening to music differently in 2010. Google also has an impact on our lives also, like the way use our emails which happen around 2009. General Electric provides electric and it has a big impact on how we use appliances.
After doing research for this assignment, it helped me to understand that, first various teams and organizations run and do things differently from one another. It showed the variety of positions and the responsibilities that each one holds. It gave me a more defined insight of the corporate structure of the
INTRODUCTION Tesco PLC is one of the biggest grocery retailer in the UK with it headquarter located in Chestnut, Hertfordshire, England, UK. When compared with other retailer that deals on merchandise, it ranks third when profits is the measuring rod. Tesco PLC has over 2,318 stores around the globe and has to its name 1,878 stores in the entire UK. It has its operational stores in Asia and the rest of Europe. Tesco offers a broad range of services which includes both online and offline services.
Many nurses, myself included, would rather not dwell on managing the finances of a clinic or hospital unit. Why would they? Nurses become nurses to serve patients. Most think that the role of making money should be left to the “penny pinchers”. Unfortunately, the sad truth is that we cannot, in any real capacity, serve our patients, without making a profit, so as health care professionals, we must be aware of the aspects that financially propel a business.
Accountability (Noun): The obligation imposed by law or lawful order or regulation on an officer or other person for keeping accurate record of property documents or funds. The person having this obligation may or may not have actual possession of the property documents or funds. Accountability is concerned primarily with records while responsibility is concerned primarily with custody care and safekeeping (JP 1-02 Department of Defense Dictionary of Military and Associated Terms); responsibility to someone or for some activity; responsibility to someone or for some activity. Webster’s dictionary describes “Accountability” as having 4 “pillars” or fundamental structures: responsibility, answerability, trustworthiness, and liability. These
In order for dealing with a management research problem may we have to generalize the issue or be specific to the issue, epistemological perspective take care both aspect for getting better knowledge about the particular
The passage argues that Supercorp's decision to move its headquarters to Coporateville is the best they could have made. This argument is made based off of the assumption that an increase in homeowners to a certain town is what makes one town superior to another. However, the observance of an influx of homeowners to Corporateville could be due to a variety of factors imcluding, but not limited to the possibility that Corporateville has cheaper homes, that the job market is better in Corporateville, or that there are merely more homes available in Corporateville. While some of these may be in support of corporateville being superior, they do not necessarily mean that. For instance, if the reasoning behind the surge of homeowners was due to the
FTMS Global, Kuala Lumpur, Malaysia ATTEMPT: 1 ANGLIA RUSKIN UNIVERSITY Assignment Coversheet STUDENT DETAILS Student Number: 1550371/1 FACULTY Lord Ashcroft International Business School ASSIGNMENT DETAILS Module Ref MOD001055 / F01FTM / 2016/7 Module Title International Business Module Element 010 - Assignment 3000 words To Be Marked By Submission date (by 2pm) 04 January 2017 Submission of this assignment agrees to the following: I understand that the piece of work submitted will be considered as the final and complete version of my assignment of which I am otherwise the sole author. I understand both the meaning and consequences of plagiarism and that my work has been appropriately attributed unless otherwise stated.
In this assignment I am going to discuss the stakeholders of two contrasting business’. Sainsbury’s: One important stakeholder is owners. The owners of Sainsbury’s they have it in their best interest to make the business as successful as possible by setting aims and objectives for themselves and their employees. They want to make the most profit they possibly can whilst keeping their customers and suppliers happy.
Naspers Limited Project 1. The three main users of financial statements include: Prospective investors use financial statements to assess whether or not investing in a company. They predict future dividends by looking at disclosed profit in the financial statements and can judge how risky a business is by fluctuating profits. Lenders and Other Creditors (institutions like banks and other lending institutions) use financial statements to decide whether to help the company with working capital or to issue debt security to it.
Recent scandals in government, business, sport and even religious organisations have reaffiliated the importance of ethical leaders in our current day and age. Brown, Treviño and Harrison (2005) summarised ethical leaders as people who are considerate, truthful, principled individuals. They are balanced and fair decision makers who set clear ethical standards and communicate openly with their followers. Finally, they are proactive role models for ethical conduct as their deeds reflect their own ethical principles and values.
Owners: who have to be able to provide the resources to set up the strategy, they are on the back office but are important decision-makers. They are involved in optimising the company’s profit. Investors: they provide money to help the company to get enough resources to set up the strategy.
Individual Assessments: Study Block 3 Individual Assignment: Leadership Reflective Practice Paper 1 Question 1: Reflect on key opportunities for development that you have identified for yourself over the course of the program me. Discuss how you will benefit as a leader if you are able to develop the identified skills or capabilities. How will you practically go about creating your own opportunities for development in this respect? Reference the content and experiences that you have been exposed to thus far on the program me as part of your answer.
INTRODUCTION A leader is one of the main component of an organization. There is no organization without a leader. A leader is a person who have the power or authority to lead, guide, or command other individual, a team, or an organization. As an organization is a tool to achieve an objective, there is a need of a leader to lead everyone in the organization to achieve the objective.
A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that